Pennsylvania Representative Accumulates Cryptocurrency Holdings

According to Odaily, Quiver Quantitative has revealed that Guy Reschenthaler, a Republican representative from Pennsylvania's 14th district, has been accumulating significant cryptocurrency holdings. The market tracking firm reports that Reschenthaler possesses Bitcoin (BTC), XRP, and Solana (SOL), with each valued between $1,001 and $15,000. The platform discovered that these digital assets were purchased between December 11 and 23 of the previous year. As of 2024, the closest estimated value of his holdings is approximately $24,000. Quiver Quantitative notes that his cryptocurrency transactions have solely involved 'buying,' suggesting a potential long-term passive investment strategy. Meanwhile, his net worth is estimated to be around $345,000.